The deputy AG said that if I produced a paid insurance policy they would let me move in.I did and they did.

If there is no mortgage/note recorded and nothing signed by her that can be recorded (i.e. is a legal mortgage doc), then I don't see how they could have gotten it to foreclosure proceedings in the first place.JanThere is so much unsaid here but I'm getting the feeling that there probably was a Note signed by the wife but the bank can't produce it as it, like so many others, were bundled, lost and no one knows where the ORIGINAL NOTE is which shows her signature, so the bank can't legally foreclose.

I'm still buying to hold in the lower price ranges, but staying nimble and turning over rocks that the HFs don't even know about are producing ample deal flow despite the added competition.

. :=)Profit definition: The difference between the amount earned and the amount spent to produce something.

That's what's producing your very good profit.

The broker I worked under was our firm's top producer so I was able to participate in a large number of deals.

If I have someone to handle that part of the business I can work twice as hard on producing more deals and raising money.

Its simply the least bad of the losers.As far as any data anyone's produced, the 50% rule (50% of gross schedule rents go to expenses, capital and vacancy) applies broadly.

I will be looking for houses that I know will produce great cash flow, and I’ll need help finding these houses.

The house was built in 1951 (before the era of grounded outlets) and a lot of the outlets had been replaced with modern 3 slot ones instead of the old two slot ones (that you can't plug a modern three-prong plug into).